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Daily Market Analysis 09/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1755.58 with take profit at 1764.40. Bearish Preference: Sell position is envisaged if price trades below 1736.15 with take profit at 1727.20. Fundamentals:USD 3:00PM: FOMC Member Bostic Speaks                     JOLTS Job Openings              …

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Daily Market Analysis 09/08/2021: GBPUSD

Instrument: GBPUSD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.38967 with take profit at 1.39088. Bearish Preference: Sell position is envisaged if price trades below 1.38536 with take profit at 1.38440. Fundamentals:USD 3:00PM: FOMC Member Bostic Speaks                     JOLTS Job Openings              …

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Daily Market Analysis 04/08/2021: US100

Instrument: US100 Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 15078.68 with take profit at 15102.94. Bearish Preference: Sell position is envisaged if price trades below 15012.22 with take profit at 14988.62. Fundamentals:1:15pm    USD               ADP                   Non-Farm Employment              …

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Daily Market Analysis 02/08/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1811.34 with take profit at 1813.36. Bearish Preference: Sell position is envisaged if price trades below 1805.92 with take profit at 1804.03. Fundamentals:3:00pm    USD    ISM                                  Manufacturing PMI  Comment: Gold prices …

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Daily Market Analysis 14/06/2021: USDJPY

Instrument: USDJPY Technical Analysis Bullish Preference: Buy position is envisaged if price trades above  109.835 with take profit at 109.966. Bearish Preference: Sell position is envisaged if price trades below 109.582 with take profit at 109.453. Fundamentals:No major Fundamentals Comment: The US Dollar (via the DXY Index) proved feeble in the wake of the May US nonfarm payrolls report, failing to gain …

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